XRP ZOOMING OUT - MONTHLY VIEW
Updated
recent monthly candle bodies, and wicks, show that xrp may finally be setting up for an uptrend
Note
IMF report published July 2020 - bullet pointsabolishing cash - replacing with digital tokens
implementing fintech
trapped capital
dormant capital
settlement systems
distributed ledger technology
swap markets
payment latency effects - changes needed
settlement speed
mobile applications
payment privacy
central bank digital currencies
proposing private fintech platforms as a solution
fractional reserve management
ultimate decisions regarding changes may not necessarily include institutional bank preferences
proposals include technology around which private entities can build interoperable payment applications
leveling the playing field between banks and smaller fintech companies
payment latency issues need to be settled instantaneously
importance of real time settlement
Note
expecting some price action to close out the monthNote
inside bar trade still active (not financial advice)Note
its been a good month so farNote
.25 holding strong
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